634 Bowser DrNew CarlisleOH45344
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in New Carlisle at 634 Bowser Dr, New Carlisle, OH, 45344 with 5% annual appreciation on a $239,900 basis while $1,686/mo rent supports operations. Total monthly income totals $1,686/mo and a $1,174/mo payment preserves $108/mo for cash returns. Annual cash flow comes to $1,298/yr on $79,527 deployed, and return on cash invested reaches 21.54% in year one. Equity gained on principal adds $1,548/yr, and five-year appreciation sums $66,280 alongside rental yield of 8.43%. Five-year ROI measures 112.15% and total cumulative return in cash totals $89,191.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,686/mo property income versus a $1,174/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1961
9,361 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45344, New Carlisle, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,988 (100%) |
| Owner Occupied HU | 5,167 (73.9%) |
| Renter Occupied HU | 1,426 (20.4%) |
| Vacant Housing Units | 395 ( 5.7%) |
| Median Home Value | $176,764 |
| Average Home Value | $234,341 |
Housing Distribution
Address Breakdown
Residential
6,926
Single Family
6,651
Multi-Family
275
Businesses
319
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Listed by: Aaron D Maggard • Keller Williams Community Part
Mls Name: DABR MLS
Mls ID: #947112